Latest news with #Hazela
Hindustan Times
9 hours ago
- Automotive
- Hindustan Times
Long-term policy continuity and uniformity essential for Indian auto industry's growth: Stellantis India CEO
Stellantis India CEO Shailesh Hazela has stated that Citroen will focus more on lower tier cities to grow across the country with a mix of small and large retail outlets. Check Offers European auto major Stellantis believes a long-term stable policy framework and its uniform roll-out across different states in India is critical for automakers to execute business plans on a long-term basis. The automobile group that currently has its brands like Jeep and Citroen in India feels that the policy framework should work informally across the country so that the industry is able to execute long-term business strategies. In an interaction with PTI, Stellantis India CEO and MD Shailesh Hazela said that any investor who comes to India would like to see a longer horizon in terms of policies. "So our wishlist for the government is that whatever they decide to put across, it should be for a longer period," Hazela stated when asked about government actions which could propel the growth of the Indian auto industry. Also Read : Upcoming cars in India He also noted that it would be great if there could be uniformity in government policies across the country in terms of electric vehicles and taxation, so that companies could plan nationally and not state-wise. "If the government could bring uniformity, which they can, it would really enable the industry to plan in a unified and concise way," Hazela said. The Stellantis official cited the example of different states rolling out separate policies for electric vehicles, where there are variations. Stellantis keeping a special focus on Citroen He noted that in the past few years, the Stellantis group has created supporting infrastructure, and now it plans to scale up its presence, especially for the Citroen brand. The key Stellantis official said a plan is already underway to scale up the brand's presence in the country with the bolstering of the sales network and new product introductions. The French automaker currently sells models like the C3 hatchback, the Aircross SUV, the Basalt coupe-SUV, and the electric e-C3 in the Indian passenger vehicle market. He noted that Citroen will almost double its sales touchpoints in the next one year from around 80 to over 150, sharpening its focus on the smaller towns and semi-urban areas. "We are not sticking to one kind of format for sales touchpoints. We will have a mix of small and large ones," Hazela said. The auto company plans to focus on Tier III and even Tier IV markets, strategically chosen for their proximity to Tier I and Tier II cities and their potential for substantial growth. Speaking about market share aspirations, Hazela said that the company aspire to at least double its share from last year to this year or in the next 12 months, and then take it to the next level. Citroen launched its first car in India, the C5 Aircross SUV, in early 2021 and despite having the abovementioned models in its portfolio, remains a small player in the over 40 lakh annual passenger vehicle market. Hazela said the brand has the capability to roll out products based on multiple energy platforms and would introduce such models based on market demand. "We will continue to explore CNG, because that's the available fuel in a sustainable way, we have our EV, which will continue to grow," he added. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 07 Jul 2025, 07:23 AM IST
Time of India
10 hours ago
- Automotive
- Time of India
Stellantis calls for long-term, uniform policy framework to drive auto sector growth in India
Global automotive group Stellantis has urged the Indian government to implement a stable, long-term policy framework with uniform execution across states to enable automakers to plan and invest with greater confidence, as per Times of india. Stellantis, which operates in India through brands such as Jeep and Citroën, believes that consistency in policy, particularly concerning electric vehicles (EVs) and taxation, is essential for the auto industry's sustainable growth. Shailesh Hazela, CEO and Managing Director of Stellantis India , emphasised the need for predictability in government action. 'Any investor who comes to India would like to see a little longer horizon in terms of policies,' he said, highlighting the importance of long-term clarity for executing business strategies. Hazela noted that variations in EV policies across different states create challenges for automakers trying to adopt a cohesive national approach. 'It would be great if there could be uniformity in policies across the country in terms of EVs and taxation so that companies could plan nationally and not state-wise,' he added. Citing examples of differing EV incentives and tax structures being rolled out by various state governments, Hazela stressed that such discrepancies hinder the formation of a unified strategy. 'If the government could bring uniformity, which they can, it would really enable the industry to plan in a unified and concise way,' he said. Stellantis' remarks come at a time when the Indian auto sector is witnessing rapid technological transitions and increasing investor interest, particularly in the EV space.
The Print
21 hours ago
- Automotive
- The Print
Long-term policy continuity, uniformity essential for auto industry growth: Stellantis India CEO
In an interaction with PTI here, Stellantis India CEO and MD Shailesh Hazela said that any investor who comes to India would like to see a little longer horizon in terms of policies. Stellantis, which has presence in India through brands like Jeep and Citroen, feels that policy framework should work informally across the nation so that the industry is able to execute long-term business strategies. Paris, Jul 6 (PTI) European auto major Stellantis believes a long-term stable policy framework and its uniform roll-out across different states in India is critical for automakers to execute business plans on a long-term basis. 'So our wishlist for the government is that whatever they decide to put across, it should be for a longer period,' Hazela stated when asked about government actions which could propel growth of Indian auto industry. It would be great if there could be uniformity in policies across the country in terms of EVs (electric vehicles) and taxation so that companies could plan nationally and not state wise, he noted. 'If the government could bring uniformity, which they can, it would really enable the industry to plan in a unified and concise way,' Hazela said. He cited the example of different states rolling out separate policies for electric vehicles. Hazela noted that in the past few years, the Stellantis group has created supporting infrastructure, and now it plans to scale up its presence especially for the Citroen brand. Hazela said a plan is already underway to scale up the brand's presence in the country with bolstering of sales network and new product introductions. The French automaker currently sells the C3 hatchback, the Aircross SUV, the Basalt coupe-SUV, and the electric e-C3 in the Indian market. He noted that Citroen will almost double its sales touchpoints in the next one year from around 80 to over 150, sharpening its focus on the smaller towns and semi-urban areas. 'We are not sticking to one kind of format (sales touchpoints). We will have a mix of small and large ones,' Hazela said. The company plans to focus on Tier III and even Tier IV markets, strategically chosen for their proximity to Tier I and Tier II cities and their potential for substantial growth. On market share aspirations, Hazela said: 'We aspire to at least double our share from the last year to this year or in next 12 months, and then take it to the next number.' Citroen launched its first model in India, the C5 Aircross SUV, in early 2021 and remains a small player in the over 40 lakh annual passenger vehicle market. Hazela said the brand has capability to roll out products based on multiple energy platforms and would introduce such models basis market demand. 'We will continue to explore for CNG, because that's the available fuel in a sustainable way, we have our EV which will continue to grow,' he added. Last year in January, Stellantis announced an additional investment of Rs 2,000 crore under the Citroen brand in Tiruvallur district, Tamil Nadu. This investment will be made over a period of the next 6 years and will take the total investment in the state to Rs 3,250 crore. PTI MSS HVA This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Economic Times
a day ago
- Automotive
- Economic Times
Long-term policy continuity, uniformity essential for auto industry growth: Stellantis India CEO
European auto major Stellantis believes a long-term stable policy framework and its uniform roll-out across different states in India is critical for automakers to execute business plans on a long-term basis. Stellantis, which has presence in India through brands like Jeep and Citroen, feels that policy framework should work informally across the nation so that the industry is able to execute long-term business strategies. In an interaction with PTI here, Stellantis India CEO and MD Shailesh Hazela said that any investor who comes to India would like to see a little longer horizon in terms of policies. "So our wishlist for the government is that whatever they decide to put across, it should be for a longer period," Hazela stated when asked about government actions which could propel growth of Indian auto industry. It would be great if there could be uniformity in policies across the country in terms of EVs (electric vehicles) and taxation so that companies could plan nationally and not state wise, he noted. "If the government could bring uniformity, which they can, it would really enable the industry to plan in a unified and concise way," Hazela said. He cited the example of different states rolling out separate policies for electric vehicles. Hazela noted that in the past few years, the Stellantis group has created supporting infrastructure, and now it plans to scale up its presence especially for the Citroen brand. Hazela said a plan is already underway to scale up the brand's presence in the country with bolstering of sales network and new product introductions. The French automaker currently sells the C3 hatchback, the Aircross SUV, the Basalt coupe-SUV, and the electric e-C3 in the Indian market. He noted that Citroen will almost double its sales touchpoints in the next one year from around 80 to over 150, sharpening its focus on the smaller towns and semi-urban areas. "We are not sticking to one kind of format (sales touchpoints). We will have a mix of small and large ones," Hazela said. The company plans to focus on Tier III and even Tier IV markets, strategically chosen for their proximity to Tier I and Tier II cities and their potential for substantial growth. On market share aspirations, Hazela said: "We aspire to at least double our share from the last year to this year or in next 12 months, and then take it to the next number." Citroen launched its first model in India, the C5 Aircross SUV, in early 2021 and remains a small player in the over 40 lakh annual passenger vehicle market. Hazela said the brand has capability to roll out products based on multiple energy platforms and would introduce such models basis market demand. "We will continue to explore for CNG, because that's the available fuel in a sustainable way, we have our EV which will continue to grow," he added. Last year in January, Stellantis announced an additional investment of Rs 2,000 crore under the Citroen brand in Tiruvallur district, Tamil Nadu. This investment will be made over a period of the next 6 years and will take the total investment in the state to Rs 3,250 crore.
Time of India
a day ago
- Automotive
- Time of India
Long-term policy continuity, uniformity essential for auto industry growth: Stellantis India CEO
European auto major Stellantis believes a long-term stable policy framework and its uniform roll-out across different states in India is critical for automakers to execute business plans on a long-term basis. Stellantis, which has presence in India through brands like Jeep and Citroen, feels that policy framework should work informally across the nation so that the industry is able to execute long-term business strategies. In an interaction with PTI here, Stellantis India CEO and MD Shailesh Hazela said that any investor who comes to India would like to see a little longer horizon in terms of policies. "So our wishlist for the government is that whatever they decide to put across, it should be for a longer period," Hazela stated when asked about government actions which could propel growth of Indian auto industry. It would be great if there could be uniformity in policies across the country in terms of EVs (electric vehicles) and taxation so that companies could plan nationally and not state wise, he noted. "If the government could bring uniformity, which they can, it would really enable the industry to plan in a unified and concise way," Hazela said. He cited the example of different states rolling out separate policies for electric vehicles. Hazela noted that in the past few years, the Stellantis group has created supporting infrastructure, and now it plans to scale up its presence especially for the Citroen brand. Hazela said a plan is already underway to scale up the brand's presence in the country with bolstering of sales network and new product introductions. The French automaker currently sells the C3 hatchback, the Aircross SUV, the Basalt coupe-SUV, and the electric e-C3 in the Indian market. He noted that Citroen will almost double its sales touchpoints in the next one year from around 80 to over 150, sharpening its focus on the smaller towns and semi-urban areas. "We are not sticking to one kind of format (sales touchpoints). We will have a mix of small and large ones," Hazela said. The company plans to focus on Tier III and even Tier IV markets, strategically chosen for their proximity to Tier I and Tier II cities and their potential for substantial growth. On market share aspirations , Hazela said: "We aspire to at least double our share from the last year to this year or in next 12 months, and then take it to the next number." Citroen launched its first model in India, the C5 Aircross SUV, in early 2021 and remains a small player in the over 40 lakh annual passenger vehicle market. Hazela said the brand has capability to roll out products based on multiple energy platforms and would introduce such models basis market demand. "We will continue to explore for CNG, because that's the available fuel in a sustainable way, we have our EV which will continue to grow," he added. Last year in January, Stellantis announced an additional investment of ₹2,000 crore under the Citroen brand in Tiruvallur district, Tamil Nadu. This investment will be made over a period of the next 6 years and will take the total investment in the state to ₹3,250 crore.
